Yes, you can get a mortgage with a default! But it can be more difficult compared to someone with cleaner credit, but there are specialist lenders that are willing to lend to you. You’ll just have to meet their particular lending criteria.
Just as lenders have their own different lending criteria, they also view different kinds of defaults differently too. For example, if you’ve got a default on your mobile phone contract, most lenders won’t take that as seriously as a default on a secured loan.
It’s a good idea to check your credit history to see what’s on there before you apply for a mortgage. We recommend using checkmyfile as it gives you a complete and thorough review of your current credit report.. It’s also best to work with a specialist mortgage broker who’ll be able to advise you on your options.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
We only get paid when your mortgage is approved.